Intel Corp (INTC): Intel Acquisition Fits With Platform Str...

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Wednesday, 08/17/2005 5:58:18 PM

Wednesday, August 17, 2005 5:58:18 PM

Intel Acquisition Fits With Platform Strategy

http://www.forbes.com/markets/2005/08/17/intel-sarvega-acquisition-0817markets20.html
Standard & Poor's Equity Research reiterated a "hold" rating on Intel (nasdaq: INTC - news - people ) after the company said it acquired privately held Sarvega. Financial terms weren't disclosed.
Sarvega, of Oakbrook Terrace, Ill., provides offerings that accelerate the processing of XML-workloads, increase network and XML firewall security, and reduce system management overhead. Sarvega will be incorporated into Intel's software and solutions group.

http://biz.yahoo.com/bw/050817/175591.html?.v=1
SANTA CLARA, Calif.--(BUSINESS WIRE)--Aug. 17, 2005--Intel Corporation today announced it has acquired Sarvega Inc., a leader in XML solutions. The acquisition combines Intel's proven hardware capabilities with Sarvega's underlying XML software technology and engineering expertise. Sarvega's networking solutions optimize XML performance and Web services on enterprise networks providing businesses with improved reliability, security and flexibility to better serve and respond to their customers.